Comcast Spectacor Ducks Finder's Fee Suit Over 76ers Sale

Law360, Philadelphia (July 30, 2014, 4:59 PM EDT) -- A Pennsylvania federal judge has thrown out a lawsuit in which two sports industry veterans sought a $2 million finder's fee from Comcast Spectacor LP, the former owner of the Philadelphia 76ers, stemming from the 2011 sale of the franchise.

U.S. District Judge Petrese Tucker ruled Monday that under the agreement Bob Whitsitt — a former owner of the Seattle Seahawks and Portland Trailblazers — and Thomas Shine signed with Comcast Spectacor, the pair were obligated to identify the proposed purchaser to the team in order to collect their fee.

She said that while the two had identified one individual who...

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